From Tools to Ecosystem: How @walletconnect is Reshaping Web3 Infrastructure with $WCT
When @walletconnect first appeared in 2018, many defined it as a "single connection tool" — merely a bridge between wallets and DApps. But today, it has transformed into a "must-have infrastructure" for Web3: over 65,000 DApps and 600+ wallets have built an ecosystem around it, with 47.5 million users completing over 300 million connections through it, and #WalletConnect has become a core hub of the industry.
The key to this transformation lies in the launch of WCT. It has completely changed the "public welfare operation" model to a "community mutual benefit" approach: users who stake WCT can enjoy up to 23% APY rewards and participate in protocol decision-making on the Snapshot platform — whether it's adding support for new chains or adjusting the security architecture, all decisions are made by community votes. When the 185 million WCT airdrop lands in 2024, many long-time users exclaimed, "Finally, we can deeply participate in the ecosystem." Currently, the circulating supply of WCT has reached 186 million, with 123 million staked, reflecting the community's recognition of this model.
@WalletConnect has not stopped at the "connection" function: the Certified program provides authoritative endorsement for wallets, helping users avoid security risks; the Reown WalletKit SDK significantly reduces developers' coding workload, accelerating ecosystem expansion. Today, #WalletConnect 's daily transaction volume has surpassed 187 million USD, and it is also making strides in SocialFi and cross-chain fields, aiming directly at the "universal interface" of Web3. Its core success lies in accurately addressing Web3 pain points — not only requiring technical support but also needing to be "convenient" and "trustworthy". $WCT binds the community, solidifies the experience through technology, and naturally, the ecosystem continues to grow steadily.
